5 Tips for Choosing the Best Travel Insurance for a World Vacation

Tips before choosing travel insurance is to thoroughly understand the policy before it is signed, because each product has a different policy.

Travel insurance is a must-have
before you go on a vacation around the world. With travel insurance, you will
get protection against unwanted risks during a vacation trip. In each country,
there are so many travel insurance service providers with their advantages and
disadvantages.

Amid the many existing travel
insurance products, buying travel insurance can be quite confusing for
potential travelers. But not to worry, here are some tips on choosing the best
travel insurance.

1. Know the Protection Obtained

Each travel insurance service
provider company has a different policy related to the benefits or protection
provided. Therefore you must really know what is needed. If you previously have
life insurance, choose travel insurance that has benefits that are not covered
by life insurance.

2. Adjust the Trip Duration

The validity period provided by
travel insurance is as stated in the insurance policy. Therefore it is very
important to start leaving on time, not earlier and not later. You must adjust
your travel time according to the date stated and agreed on the travel
insurance policy.

Choose travel insurance that has an annual guarantee if you plan to travel to several places at once within a period of one year, to be more efficient. But if you only travel once a year, there is no need to buy annual travel insurance, because the fall will be more expensive.

3. Understand Travel Insurance Exceptions

Before signing a policy, you must
first understand exceptions about things that are not covered by the travel insurance
service provider. Usually there are five things that are not covered, including
(1) accidents due to alcohol and drugs; (2) accidental accident; (3) accident
due to force majeure; (4) illness before insurance; and (5) accident related to
pregnancy.

4. Compare to Other Products

Before buying travel insurance,
compare products with each other to be more convincing. If necessary, ask for
input from financial consultants or travel agents. Avoid purchasing this
insurance from transportation services. This is because, insurance can be
neglected and charred when the company concerned is bankrupt.

5. Browse Company History

Choose an insurance service
provider company that is known to be credible, trustworthy, and overseen by the
Financial Services Authority. Make sure that the company you choose has an easy
claim system history. Do not be tempted by cheap premiums because the
submission of claims is usually difficult.